The Italian lender moved to boost its Commerzbank stake above 20%, shrugging off German opposition to a possible takeover.
The UniCredit-Commerzbank takeover saga not only highlights the clash between cross-border consolidation and national ...
German Chancellor Olaf Scholz warned Monday against "hostile" and "unfriendly" takeovers, after Italy's UniCredit revealed it had significantly raised its stake in German lender Commerzbank.
Italy's UniCredit defied Germany's defence of Commerzbank by using derivative contracts on Monday to raise its potential ...
By Valentina Za, Tom Sims and Andreas Rinke MILAN/FRANKFURT (Reuters) -German Chancellor Olaf Scholz slammed as "an ...
Palinuro Capital, a new global macro hedge fund, has received commitments of nearly $100 million and will start trading in ...
The state's attorney general accused the oil company of misleading consumers about the recyclability of plastic products. It's seeking civil penalties. The Italian lender moved to boost its ...
Italian government officials are growing frustrated at Germany’s opposition to a potential takeover of Commerzbank AG by ...
Germany’s chancellor decried “unfriendly attacks” on banks after UniCredit moved to raise its stake in the lender.
With the 4.5% stake it had accumulated during the summer through derivates, the 4.5% stake it bought from the German ...
German Chancellor Olaf Scholz issued a sharp warning to UniCredit to refrain from "unfriendly" acts Monday after the Italian ...
US and European shares nudged higher Monday as momentum from last week was restrained by weak eurozone economic data.